IMFSurvey Magazine: News, views, and analysis from the IMF

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Fully Spend Stimulus Money to Back Crisis Recovery, Says IMF

June 26, 2009
With advanced economies still struggling, the IMF is urging governments to fully implement the spending measures they have announced to combat the global economic crisis and not to relax in supporting an incipient recovery.

Households Hit Hard by Wealth Losses

June 24, 2009
The financial crisis has erased a considerable amount of household wealth in many advanced economies. The precipitous fall in asset prices—across equity, bond, and housing markets—has eroded the value of financial and housing assets and the net worth of households, according to IMF research.

IMF Opens Central American Technical Assistance Center

June 24, 2009
The IMF, building on a successful model for transferring economic skills and best practices, opened a new technical assistance center in Central America on June 24, the seventh set up by the Fund around the world to train central bankers, economic officials, and others.

IMF to Step Up Its Engagement, Support in Central Asia

June 22, 2009
Managing Director Dominique Strauss-Kahn assures countries of Central Asia during a four-country tour that the IMF stands ready to help manage the effects of the global financial crisis and step up its engagement and support in the region.

U.S. Congress Vote Marks Big Step For IMF Reform, Funding

June 18, 2009
Approval by the U.S. Congress of a package of measures related to the IMF boosts international funding to combat the global economic crisis and marks a significant step forward in reforming the intergovernmental institution as it channels assistance to countries hit by the financial turmoil.

Tax Policies Made Countries More Vulnerable to Crisis

June 16, 2009
Tax policies in the advanced economis are likely to have contributed to the global economic crisis by favoring debt financing and encouraging the use of complex financial instruments and arrangements, an IMF study argues.

U.S. Economy Seen Stabilizing, But Risks Remain

June 15, 2009
A strong monetary and fiscal policy response is supporting the U.S. economy, but the immediate outlook remains weak, with a solid recovery beginning in the middle of next year, the IMF said after wrapping up its annual review of the world’s largest economy.

IMF Asked to Aid G-8 With Exit Strategies For Crisis Policies

June 13, 2009
Amid signs that the global economic crisis is stabilizing, the G-8 advanced economies have asked the IMF to do the necessary analytical work to help governments prepare “exit strategies” to unwind the huge stimulus packages that have been deployed to combat the crisis.

IMF Chief Visits Central Asia Amid Sharp Slowdown

June 12, 2009
IMF Managing Director Dominique Strauss-Kahn makes his first visit to Central Asia June 14-20 as countries in the region tackle the fallout from lower commodity prices, declining exports, and a slump in overseas remittances.

Crisis Creates Testing Times for Europe’s Policymakers

June 10, 2009
In parallel with the rest of the world, Europe has entered a deep recession. The IMF’s quarterly magazine Finance & Development looks at the harsh toll of the global economic crisis on both Europe’s advanced and emerging economies.

IMF Says Euro Area Still Needs to Clean Up Banking Sector

June 08, 2009
The 16-nation euro area still needs to do more to clean up a banking sector that has been weakened by the global financial crisis, the International Monetary Fund says in its annual assessment of the euro area’s economy.

IMF's Lipsky Sees Tentative Signs Of Crisis Turnabout

June 04, 2009
The International Monetary Fund's First Deputy Managing Director, John Lipsky, says he sees cautious signs of a possible turnaround in the global economic crisis, but stresses the need to restore the workings of the financial sector in advanced economies.

IMF Approves $209 Million Loan to Kenya

June 01, 2009
The IMF Executive Board approves a $209 million loan to Kenya under the Exogenous Shocks Facility to help the East African country recover from the negative economic impact of higher food prices and international fuel and fertilizer costs.

Latvia Caught in Vicious Economic Downturn

May 28, 2009
Latvia is in a deep recession, with the economy projected to contract this year by more than 15 percent. Plunging revenues are opening up a wide fiscal gap, which the new government is trying to plug. Mark Griffiths and Christoph Rosenberg talk about the huge challenges that face Latvia today.

IMF Pledges Stronger Partnership to Help Africa Through Crisis

May 28, 2009
IMF head Dominique Strauss-Kahn, at the end of a trip to the Democratic Republic of Congo and Côte d’Ivoire, pledges a stronger partnership with African countries to prevent the global economic crisis undoing years of progress in their fight against poverty.

IMF Steps Up Help to Africa to Combat Crisis

May 22, 2009
The IMF has stepped up its help to Africa to combat fallout from the global economic crisis by boosting lending, expanding technical assistance, and offering policy advice on how to counter the crisis and protect the most vulnerable.

Policymakers Need to Address Systemic Risk, says IMF

May 15, 2009
Global cooperation in financial sector supervision needs to improve to address systemic risks, says IMF Managing Director Dominique Strauss-Kahn in Vienna. He anticipated a recovery in the global economy next year, with the turning point later in 2009.

How to Ensure Financial Stability After the Crisis

May 14, 2009
An IMF-sponsored systemic risk symposium explores issues such as which financial institutions should be regulated, what policies are needed to mitigate systemic risk, whether there should be a single systemic risk regulator, and, if so, whether this should be the central bank.

IMF Lending Reform Should Go Further

May 13, 2009
The IMF’s move toward more flexibility in its lending is welcome, but there are still problems with the conditions that are attached to IMF loans—particularly in poor countries, writes Jean-Pierre Dumas.

Europe Battles a Deep Recession

May 12, 2009
Following a collapse in confidence and global demand, Europe has entered a deep recession, with risk it might deepen. Establishing a solid economic recovery will require stronger policy action coordinated at the European level, the IMF says in its latest regional assessment.

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